Global Real-Time Clocks (RTCs) Market

Global Real-Time Clocks (RTCs) Market Size, Share, Growth Analysis, By Application(Consumer Electronics, Industrial Applications), By Type(External and Integrated) - Industry Forecast 2024-2031

Report ID: SQMIG45K2079 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 61 | Figures: 77

Global Real-Time Clocks (RTCs) Market News

  • In May 2022, Epson Europe Electronics GmbH introduced a new low-power RTC module for IoT applications.
  • In April 2022, Texas Instruments launched a new real-time clock for industrial and automotive applications.
  • In March 2022, Microchip Technology released a new series of low-power, high-accuracy real-time clock/calendar (RTC) chips for embedded systems.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Real-Time Clocks (RTCs) Market size was valued at USD 4.09 Billion in 2022 and is poised to grow from USD 4.40 Billion in 2023 to USD 7.97 Billion by 2031, at a CAGR of 7.70% during the forecast period (2024-2031).

These companies compete based on various factors such as product features, price, quality, and innovation. Many of them have adopted strategies such as mergers and acquisitions, partnerships, and collaborations to expand their product portfolio and increase their market share. Additionally, there is a growing trend towards the development of RTCs that consume less power, are smaller in size, and offer greater accuracy and functionality, which is expected to drive competition and innovation in the market. 'Texas Instruments Inc. (US)', 'STMicroelectronics (Switzerland)', 'Microchip Technology Inc. (US)', 'Maxim Integrated Products, Inc. (US)', 'NXP Semiconductors N.V. (Netherlands)', 'Seiko Epson Corporation (Japan)', 'Abracon LLC (US)', 'AMS AG (Austria)', 'Cymbet Corporation (US)', 'Integrated Device Technology, Inc. (US)', 'IQD Frequency Products Ltd. (UK)', 'KYOCERA Corporation (Japan)', 'Micro Crystal AG (Switzerland)', 'Murata Manufacturing Co., Ltd. (Japan)', 'Pericom Semiconductor Corporation (US)', 'Rakon Limited (New Zealand)', 'Ricoh Electronic Devices Co., Ltd. (Japan)', 'SiTime Corporation (US)', 'TXC Corporation (Taiwan)', 'Vectron International, Inc. (US)', 'EPSON Europe Electronics GmbH (Germany)', 'AVX Corporation (US)'

RTCs are used in various electronic devices and systems that require accurate timekeeping. With the growing demand for more precise and accurate timekeeping in applications such as IoT, wearables, automotive, and industrial automation, the demand for RTCs is also increasing.

The growing adoption of smart cities is expected to drive demand for RTCs, especially in applications such as smart lighting, transportation, and security systems. This is expected to drive innovation and growth in the market.

Asia Pacific is predicted to expand at a CAGR of about 6%. Due to rising consumer electronics and industrial automation demand, Asia Pacific is the region with the largest RTC market. External RTCs, which are widely employed in consumer electronics and automotive applications, are the main market in Asia Pacific. Integrated RTCs, which are finding favour in commercial and medical applications, are the market category that is expanding at the highest rate

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Global Real-Time Clocks (RTCs) Market

Report ID: SQMIG45K2072 | Region: Global | Published Date: April, 2024 | Pages: 157 | Tables: 103 | Figures: 76

Global Sensor Market
Buy Now GET FREE SAMPLE
Global Real-Time Clocks (RTCs) Market

Report ID: UCMIG45K2051 | Region: Global | Published Date: April, 2024 | Pages: 165 | Tables: Figures:

OLED Market
Buy Now GET FREE SAMPLE
Global Real-Time Clocks (RTCs) Market

Report ID: SQMIG45K2023 | Region: Global | Published Date: April, 2024 | Pages: 197 | Tables: 114 | Figures: 77

Global Low Voltage Power Distribution Market
Buy Now GET FREE SAMPLE
Global Real-Time Clocks (RTCs) Market

Report ID: SQMIG45K2058 | Region: Global | Published Date: April, 2024 | Pages: 197 | Tables: 59 | Figures: 75

Global Automotive Lighting Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Real-Time Clocks (RTCs) Market

Product ID: SQMIG45K2079

$5,300
BUY NOW GET FREE SAMPLE